The parent company of The White Company and Charles Tyrwhitt has seen its sales soar past the £600m mark during its most recent financial year.
Bectin Limited reported a turnover of £607.7m for the 12 months ending on 3 August, 2024, a significant increase from the previous year's £558.5m, as reported by .
However, despite the sharp rise in sales, pre-tax profit saw only a slight increase, moving from £48.9m to £49.6m over the same period, as revealed by the latest accounts filed with Companies House.
READ MORE: {}
The White Company was established by Chrissie Rucker in 1994, while her husband, Nicholas Wheeler, founded the menswear chain Charles Tyrwhitt in 1986.
For the second consecutive year, no dividends were paid out after Rucker and Wheeler took home more than £50m in the year leading up to August 2022.
Charles Tyrwhitt sales reach new record
Recently, City AM reported that Charles Tyrwhitt had seen its sales surge to over £300m for the first time, thanks to the trend of returning to office work boosting the workwear retailer.
The London-based business posted a turnover of £305.7m for the 12 months ending on 3 August, 2024.
This total comes after Charles Tyrwhitt achieved sales of £269.2m in its previous financial year.
Most Read
The results also showed an increase in the company's pre-tax profit, rising from £18.7m to £25.1m.
During this period, the average number of employees at Charles Tyrwhitt increased from 795 to 868, and the company opened two new stores in the 海角视频.
The White Company: Sales up but profit down
Earlier this month, The White Company filed accounts revealing that its turnover rose from £289.3m to £301.9m in the 12 months leading up to 3 August, 2024.
However, the company's pre-tax profit saw a decrease, falling from £32.4m to £20.8m during the same period.
The business also increased its workforce over the 12-month period, with the average number of employees rising from 1,598 to 1,709.